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Technology Stocks : Wind River going up, up, up!

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To: Stan Walker who wrote (2679)1/15/1998 8:48:00 PM
From: Snowshoe   of 10309
 
>>I'm just guessing but if someone bought 10% of a company you would expect the price to go up, the fact that it didn't means they bought the shares from the company and now instead of 28mm shares we have 30+mm shares so the effect is dilutive and all estimates regarding earnings have to be reduced by 10%...<<

Stan, that's ridiculous. The company is BUYING shares under an announced plan, not selling them. Theoretically if someone bought 10% of the shares it means someone else SOLD 10% of the shares. Share price is determined by supply and demand, not just demand.

Greg
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